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they will definitely change the complexion of the business, the profitability of the business, but that it is neither going to be a smooth transition for an immediate transition and that is what happens when you make fundamental changes the way companies do business. lori: thank you very much. fedex today around $100. melissa: we're counting down to today's fed announcement at 2:00 p.m. eastern, the fed keeping the money flowing. how the fed chairman stands to get out of all of this. lori: the cyber threat and some south korean banks financial firms here on high alert. melissa: congress may be ready to agree on one thing. how lawmakers are ready to push ahead with the keystone pipeline. are they doing it without the president? first, take a look at metals heading out to break. trading lower on gold and silver, but copper is up 1.3%. we will be right back. friday night, buddy. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply on
change is happening, but celebrities and politicians have solutions. these cool people own electric and hybrid cars. now my mayor wants to ban styrofoam cups. >> it is something we can do without. >> what is next? john: in the name of protecting earth, we have green tyranny. that is our show tonight. >> and now, john stossel. john: green tyranny is what we called this show, but tierney is a harsh word, a thing of dictatorship. a little over the top. most don't seem to rise to that. also, bans on pollution are actually a good thing, i'm glad government rules committee air and water cleaner. and i was a kid there was so much soot in the air, we didn't open the window. that has changed for the better. they change the water so much so that the rivers around manhattan are now clean enough to swim in. even here within sight of the empire state building within a short distance of millions of people flushing, i am willing to do this. it was freezing cold, but no longer so filthy. so hooray for the epa. so why do i use the phrase "green tyranny?" because government always goes too far. years
these cute little animals. and emissions threatening all of earth. devastating worldwide climate change is happening, but celebrities and politicians have solutions. these cool people own electric and hybrid cars. now my mayor wants to ban styrofoam cups. >> it is something we can do without. >> what is next? john: in the name of protecting earth, we have green tyranny. that is our show tonight. >> and now, john stossel. john: green tyranny is what we called this show, but tierney is a harsh word, a thing of dictatorship. a little over the top. most don't seem toise to that. also, bans on pollution are actually a good thing, i'm gla government rules committee air and water cleaner. and i was a kid there was so much soot in the air, we didn't open the window. that has changed for the better. they change the water so much so that the rivers around manhattan are now clean enough to swim in. even here within sightf the empire state building within a short distance of millions of people flushing, i am willing to do this. it was freezing cold, but no longer so filthy. so hooray for the epa. s
manufacturers meet the standards. we will need a lot more of a change to a vehicle that just dropping sulphur content by 20 parts per million. adam: you brought up the issue when i stop you that this will create jobs. let me point out that there are people that believe that if i break a window and creating a job for the glass maker who has to make last replace the window. what you are forgetting is the money it is used up replace that wind up is money that is not going to buy other things. it is depriving people it might make furniture where i might have spent that money, depriving them of income. the same thing with the argument you're making. you say that converting the refineries will create jobs,ut is money that will be spent converting refineries and other spots of the economy which may need it. at the respond? first of all, we need a cleaner-burning fuel for our automobiles and our trucks. and the proposed increase that this is going to have, let's take the middle of the industry in the government estimate at $0.5 per gallon beginning in 2017. there are a lot of other factors there the
will rise. they know that these changes will create more competition because consumers will be able to log onto an easy website, have a lot more choices on who they want to ensure them. dagen: fried, they are not making it up. they face a lot of restrictions. they also have the reduced ability to set rates based on age. that, obviously, you will have higher premiums as a young healthy individual because you have to bear the cost of that. >> that is not the case. dagen: i am asking brad. >> rates have already gone up. they went up even before obamacare had passed. they have to create huge reserves for the new people who are coming on board. my rates have already gone up. they are telling their brokers, look, not only will your business model change, but rates will increase for your customers yet again. the government has created such restriction on the marketplace. it is no longer free market. businesses are finding ways to skirt the laws. they are making full-time employees part-time employees. it does not help the 15 million unemployed. dagen: when president obama said if you like your he
changes to the oil industry, he said interim president will keep the oil policy. because that has worked out so well. the minister says venezuela pushing to increase oil output by 500,000 barrels per day this year. iran and pakistan broke ground on a major natural gas pipeline. we attended a ceremony today. u.s. vehemently opposes the project. they say it will damage the impact of sanctions on iran. a weakening u.s. dollar pushed up oil futures for a third session. climbing $0.11 settling at a 2.06 per barrel. up next on "money" from u.s. companies are moving profits offshore at a record pace, the tax revenue could play a big role helping balance the budget. we have the dails. more "money" coming up. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur ♪ melissa: a startling report in the "wall street journal" shows 16 u.s. companies $166
, the mountains are so moving under the leadership nothing fundamentally has changed. the country doesn't need that kind of army, that is all. lou: california comes up again, the california teachers association which we were told last month is investing in a that manufacturers. it is almost doubles the reports of five years and they are enjoying it. >> state largely insolvent like the state of california finds no fiscal interest to invest in gun stocks doing incredibly well under this president, barack obama is the greatest gun salesman this country has ever seen. lou: had to point out rand paul is in his ninth hour filibuster in the process of the cia director to be, john brennan. your thoughts if you will of the bipartisan. >> nothing will be accomplished. the way to claim he cares more about bipartisanship than caving and giving an inch. lou: okay, all right. >> i am not optimistic. lou: thank you. that is it for us tonight, please join us tomorrow. he wants a tax-free state, and he is moving to get that done. michael hollander talks about the good times on wall street and the country itsel
this to fair change, we do not have much change, with more than $16 trillion in debt we have no change, and washington, incapable to agree on a cut, where well, we have no money. republicans are right to say we have to cut our way out of this mess, and democrats right to say, we can't out our way to prosperity. we have to boom our way out. no boom? boom. so how do you sustain a 5 year crawl? make sure it does not turn into another crash. easier said than done, we have to do now is make sure, well, it doesn't happen any time soon, i will ask former nyse chairman dick grasso about, that but first, swiss america chairman greg smith, and joe durham did anything change today or punch wait and confirm what we've seen in recent days? >> i think two things have happened that are important, one, the market is a reblixive of our -- reflective of our collective psychology, until it hit a new high, the average investor was still in a, what do i do to avoid losing more money mind set, they will start shifting to an, am i missing opportunities so that fear from shifting money to missing opportunity
of time for congress to talk about this. >> programs where you have changed money from one account to another. you cannot do that under this type of thing that we are talking about. >> some flexibility to rearrange funding programs. training and maintenance and so forth. reporter: remember that date for the federal for lysistrata? by midnight the next day, congress must pass a $900 billion spending bill to fund government operations wee a government shutdown takes place with worse consequences than the $850 billion aggressor. it has been scheduled this way since january. lawmakers knew that they could use the bill funding government operations to adjust where the cuts get made. if it doesn't get fixed, republicans now say that there is only one place to look. >> of the president chooses not to use that and goes after high-profile spending cuts, and that is a choice that what he will have made for political reasons four the president, for the fourth year in a row has not produced a budget proposal on time. it is not expected before the end of march. the next three months will see li
: are you changing your asset allocation mix now? is that something you're in the midst of doing, especially on a day like today and yesterday when there seems to be a lot of money moving around, not a lot of new money, but money moving nonetheless. >> we're not changing our allocation. it's a bottom-up investor, a u.s. equity focus, and what we noticed it the past eight years, most investors flee u.s. equities to go to cash and bonds, some of the money might be coming back into the market, and that actually would be a significant catalyst for significantly higher equity evaluations. cheryl: you have bullish targets for the year. you say we got a good 10% to run here with maybe, like, a 5% pullback. do you think we're getting that pullback now as you look at the trajectory the rest of the year? >> well, it's true, near term, the markets had a terrific run, since november of last year, it would bb, i think, acceptable to a pullback, and cypress would be an excuse for that, but i think it's a strong buying opportunity. we've had several in the last few year, and, actually, the correct decision
that will negatively impact earnings, that will change, but right now, stocks are cheap and then the rally is going to continue. >> now, it occurs to me, that this market which is now up 45 points, shy of 14-3 as we speak, this market is ignoring president obama. you know what i'm talking about. >> exactly. >> the president threatened armageddon and getting 2.3% budget cuts and the economy just tanks. 750,000 jobs. the market's totally ignore that. >> well, it has ignored it and it also, stock prices should have moved up a lot more earlier on, you know, in the last couple of years and it's been held back because of this president, because of his policies. we're only now starting to see the real price start to take place and stocks should have been much higher year over year, but because of the rhetoric and negative business climate and confusion about earnings and having little clarity, stock prices didn't move. we only are making up for what he we should have been up previously. >> the naysayers, a lot of of them. saying that this is all ben bernanke printing money and when he quits printing or hi
of changes unless you want to screw with some of the numbers in the report. they really did not do a lot. jeff: this is rallying today based on the report. >> it will still attract a lot of planting this year. we did not change a lot of the numbers. now we are looking at march 28. jeff: tell me about this, this exchange had a lot of funds in, a lot of funds, a lot of investment. >> they got a little bit ahead of themselves. dollar-denominated products should automatically go up. we are going to be inflating. those people had to take their money back out. jeff: we look at soybeans today. also, perish on soybeans. perish on wheat today. the volumes are so thin. it is typical. jeff: scott, appreciate it so much. alwayy nice to see you. what can i tell you. is pretty much just unchanged. tracy: jeff flock, thank you very much. ashley: the safe haven seem to be slipping away as more and more americans are dipping into retirement savings just to get by. the largest mutual fund company says people taking out loans against their account is just 12% said 2008. tracy: america not voted the top cou
the cypress government changed its mind. the central bank here as well as the finance minister decided to open all the banks on thursday rather than staggering with some openings on tuesday. by that time, lou, people will be without banks on this island nation for 12 full days. they were told to keep calm, but that could be difficult. lou: i'm sure it is difficult, and difficult as well, days ago, we heard they had just a few days of food supplies, grocery stores were running short of food stocks for the shelf. what is that situation? is there now food in this bailout that will make that -- going to decrease the food problem? >> the supplies here okay, lou. gas was short because people were hording. what they are running short on is cash. right now, the atms are limited to 100 euros, that's $130 per day, and that is a big problem for the folks here, and one more point is people forget that a lot of people do their banking online. again, for 12 days, the folks here have not been able to do any kind of online banking, any kind of electronic transfers, using the banking system..3 i spoke to one e
proposition. >> reporter: epa says the gasoline change reducing sulphur by two-thirds would not go into effect for four years and would have the pollution impact of taking 30 million cars off the road. the agency says the change would cost about a penny per gallon. critics say it would be more like a dime. the epa says 29 of the nation's 111 refineries already meet the sulfur standard in only 16 would need major modifications. public citizen's think the industry is exaggerating the cost. >> this is kind of game that people play if you don't want to -mbark upon the required necessary investments in refining infrastructure you paint a doom and gloom scenario. >> reporter: officials say the changes would prevent tens of thousands of child respiratory ailments since a 2400 lives per year, but obama congressman wants proof of that. >> my child has as much. i get this. and the stand this, but you cannot just make a unilateral declaration and have some capricious new regulation come out that actually does not have the real effect other than just raising prices. >> reporter: automakers support the cha
lisa: this disease just ravages a family. it changes your life. if we work together, we can stop this epidemic. now is the moment. grace: contact brightfocus and learn more. sandra: lets go "off the dest" and to india where there is a growing trend, mass weddings to help those who are financially struggling. a wedding for 52 couples. gifts were donated to the newlyweds including pencils, mattresses, solar lights and fans. february housing starts, con expecting starts to rise by 2.8% following a sharp drop of 8.5% in january. david: the number one thing to be watching for is cypress. the vote expected to be tomorrow. anything could happen. we saw the breaking news earlier. the confiscation of deposits may be a precondition for the bailout. it'll be an exciting day tomorrow. sandra: thank you for having me. "money" with melissa francis is next. melissa: crisis in cypress as deposit features rock the market. will wall street be able to hang on to the rally? and should you still jump in, or maybe get out. chief investment strategist with charles schwab. plus it's a time to go for the
. that takes about 17 and a half years. i don't think a change of concern has changed fundamentals haven't changed. melissa: jonathan, jonathan, wait. >> what has happened in the last 12 years as gold has gone from being an asset which was doubted, not owned, to being widely owned and widely endorsed by the heard, if you will. if you want to look at the reality of what is happening in the market today, the dollar is strong, gold assets are weak. it is easy to say five, 10, 15 years down. melissa: on no very wealthy, very smart ceos who ask to have their bonuses paid in gold because they're so worried about the currency and the market, so worried about what is going on in our country. these are really smart, really wealthy people. speakers should have asked to being paid in the stock in their own company. all of this concern of the currency, money printing, etc., doesn't exist. melissa: thank you for coming on. tell me what you think, the mortgage tax deduction could be over. that would be bad news on the housing recovery. plus, a sleeping giant awakes, the grim days for natural gas price
, turn it around. i think there is a change in -- a turning of the tide in public opinion. any evidence? i see some evidence of that in the president's approval rating. anything in the media? >> not so far. i mean, we'll have to see. i mean, what's going to happen is, you know, the media will be looking for examples of horror stories, if they don't find them. if they go weeks and weeks without being able to report on any real catastrophes as a result of this, people are going to realize, okay, we have this 600 billion dollars in tax increases without any spending cuts at the first of the year and now at the first of march we have a trivial amount of spending cuts, about 44 billion, well, that is, now, president does a balanced approach and spending cuts, and see the balance that he keeps talking about. stuart: i'm sure they'll be looking for pain and agony and find it it somewhere. rich, thank you for joining us, sir. as you may know, the house passed a bill that will fund the government through the end of september that will mean the government will not shut down the end of this month.
thing to do every year. learn the changes to the tax filing. they could have gotten this right. >> i don't know, look at how complex the last changes in taxes the deal that president obama made with congress. just made it even more complex. how can anybody get through it? >> that is what happens when you have government spending. a more complex tax code to collect for it. what i'm worried about is what health reform it is doing to the tax collect 84s. the irs. turning the irs into america's museum of mass confusion. take a look at what the the treasury inspector general for tax administration said about the problem. he is so worried about the irs being at the breaking point. unprecedented in recent history the amount of responsibility irs now given in an area meaning health reform that most people don't think of as an irs problem. he said this will lead to problems. >> mark, isn't the irs just becoming too big? >> the irs is too big but a flat tax isn't going to solve our problem. it is really a reverse robinhood approach and will increase the income inequality between middle class and r
friend. but, it changes the definition of what it means to be a friend. and that is, it seems to me what the supporters of proposition 8 are saying here, all you are interested in is the label and insist on changing the definition of the label. >> reporter: justice anthony kennedy who many believe could serve as the swing vote in the case signaled he is empathetic to how the courts ruling will impact the children of same sex couples. >> there are 40,000 children, according to the brief, that live with same sex parents and they want their parents to have full recognition and full status. the voice of those children is important in this case, don't you think? >> reporter: despite the comment he cautioned the court is wading into uncharted waters and said at one point is not sure the case is properly before the court. there are technical issues regarding the standing of the case, and, several argued they never met to the merits of the case. lou. >> shannon bream, fox news supreme court correspondent. our first guest here tonight to further ajude indicate the proposition 8 -- ajudjudicate t
in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. common side effects include skin redness or irritation where appld, increased red blood cell count, headache, diarrhea, vomiting, and increase in psa. see your doctor, and for a 30-day free trial, go to axiron.com. liz: time to go off the desk and over to a dunkin' donuts in west haven, connecticut. take a look at surveillance video. the man goes through the dunkin drive-through. tries to force his way through the window. employee fought back, throwing a hot pot of coffee. police are searching for the man. give the employee a raise. david; number one thing we'll be watching for tomorrow, the initial job
. there has been some in the short run with unemployment changes and growth during this recovery and time is for unemployment has fallen relatively quickly even though growth has been more limited, so we have to monitor developments in the economy and see what happens. our projections for unemployment in the fourth quarter are noticeably lower than they were in september when we first announced the asset purchase programs, so there has been improvement in the outlook as measured by that metric. so you're right, we do need to see a sustained improvement one month, two months doesn't cut it. and normally you would expect that you would need to see a reasonable pace of gdp growth in order to achieve that, so we will just have to keep providing support for the economy and see how things evolve. >> dow jones newswires. in a stress test the fed recently conducted, there was an adverse scenario and similar adverse scenario, you publish results from individual banks under the severely adverse but you didn't under the nearly adverse scenario which featured inflation shock. so i have a two-part que
will not change unless you see a spike in interest rates. >> it will be hard to get a spike in interest rates with the fed flooding the system with liquidity. the whole world is on painkillers right now. we have become addicted to liquidity, easy solutions and until the fed start to bring it in and interest rates go up, i do not see a change. dagen: do the people who are still buying taxable debt, you start to see money flowing back into u.s. stock. you see billions every week into world stock. >> i think we are somewhere close to the end of a bond bubble. for the third time in 60 years, we are looking at ten year treasury rates below inflation. that is, obviously, not a way to build over time. we have put $1 trillion into bonds from 2009-2012 and we are still not seeing it, now. this great return we are talking about, that has not happened. connell: everything is reactive instead of proactive. if the bubble does burst, that is when they will act. >> most of the american people will feel it. the fed has pumped trillions of dollars down into the system. at some point, inflation will kick in. t
think the biggest concern would be the regulations surroundg marijuana, the laws, the changing laws, there's so much uncertainty. do you see that as an obstacle to investing in the industry? >> yeah, it's something everybody has to pay attention to. there's an absolute dichotomy between federal and state laws at this point. we see like days of prohibition where states develop their own rules and regulations like in colorado and washington with 62 and 502 # passed. these are the dominoes that tip over and the feds back off. they have a schedule 1 narcotic meaning zero medicinal value associated with it when the primary use of the states in colorado and california were, in fact, me diddal, pushing now into recreational use in the benefits associated with that. sandra: interesting take and play. thank you for joining us tonight. >> thanks, sandra, take care. sandra: nextn "money," president obama will slash his own economic goals this week, but it could be good news for recovery. details next. plus, states finally saved enough tax revenue for a rainy day. why are they preparing for a h
, that can cause them to change how they do their finances. this should be a lesson for all of us, it could happen in cyprus, 1% of population of u.s., if regulations and controls are not put in place, and really renewed evidence in from our government to say, our banks are strong we're not like cyprus, you can rest confident, until that message is clearly stated, americans need to be vigilant about their personal economy, they want to make sure they could go to their bank, and find out if somebody happened how accessible are their fends, american consumers have to realize this not isolated. in a global economy when a domino falls the entire deck is call. >> thankou all worry much. meanwhile, you want to know how you prevent volts like this? make sure you find people's jobs like that. the great ehickser i ehickser -s simple as great employment. >> and white house on a big mack attack, while jobs are under attack. and those are my final four picks. now over to you charles???? sir charles' single miles card left him blacked out. he's coming to us from home. that's gotta be traveling. now inst
that it's going to change basically in an uptrend since march of 2009. we had pullback, and that is what we expect from the november low of less to the market up about almost 15%. about 2% off of the high on the s&p. from there going into march, april, seasonal timeframe usually weaker for the market so i think investors right now needs a little bit of caution while waiting and licking chops, waiting for the pullback to be buying again. david: the market tends to overshoot. have we overshot this bull market right now? >> we don't look on the dow, we can't take more on the s&p 500 is a bigger, broader measure of the market and it looks like the s&p is approaching fair value at this point. we think based on $105 of earnings for the s&p 500, it is a fair value between 1550-1650. that being said, we don't buy the whole market, we buy individual securities and we're always looking for companies that may be unloved and the rest of the market is on. david: i really want to hone in on this point, have we overshot? getting close to fair value, that seems to think we haven't overshot. >> i don't t
keystone again. they will sell to china and china will buy. we have the potential to change not just the economic dynamic your account through a kind of north american energy independence that we have talked about since before -- the ford administration. this can seize the international geopolitical dynamic as well if we are not dependent on foreign sources. a global energy market not fixated on the middle east. a lot changes demanded could change very quickly. we have the seeds of economic revival in this country, no matter what happens in congress or the executive branch. we are just watching it with their way because the president does not like carbon based fuels. neil: the president's people, as you know, ambassador, come back and say this is withering away. our growing declined on opec is a funny way offshowing it. our dependence on opec is easing. natural-gas access is increasing. we are kind of in the proverbial iver's seat more than folks say. what do you say? >> well, notet. particularly now while the administtion continues to wage a war onoal. a lot of the natural gas that
the new energy secretary. i heard him described as pro-nuke, pro-fracking, but alarmed by climate change. those are tough things to reconcile. >> pro-fracking because natural gas is a bridge fuel to a more renewable future whether it is more nuclear, more advanced than doubles, so it is actually not in conflict. some environmentalists are not happy because he is pro-fracking. but others are okay. a new administrator named today, everybody seems to say she is a good listener, certainly more enthused about her. melissa: as somebody who drives a car cause i feel better about him? >> i do not think is going to make much difference. melissa: all right. thank you so much. time for today's fuel gauge report. futures hitting fresh lows for the year. citing concerns about falling global demand for crude. oil down for a third session. and transocean boardwalks restarted dividend for shareholders. carl icahn has been campaigning for the move. beginning in june, transocean would pay a dividend every quarter. and texas pitching retail gas business. the company said it will help expand the presence in
's a great thing. ut even though we're livinlonger, one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ ♪ [ male announcer ] help brazil reduce its overall reliance on foreign imports with the launch of the country's largest petrochemical operation. ♪ when emerson takes up the challenge, "it's never been done befor simply bemes consider it solved. emerson. ♪ ah. 4g, huh? verizon 4g lte. 700 megahertz spectrum, end-to-end, pure lte build. the most consistent speeds indoors or out. obviously... you know how fast our home wifi is? yeah. this is basically just asast. oh. and verizon's got more fast lte coverage than all other networks combined. it's better. yes. oh, why didn't you just say that? huh-- what is he doing? liz: folks, have to tell you something very quickly. dow jones the thrill industrial. if you close above 14,539 it will be a new high. it's now up 103 points. the number to beat is about 108 points to the upside for the dell. okay, we got some very strong housing d
changed some of the rules for community rating. when they changed those community rating rus, the carriers no clearly when you do that some premiums are going to rise. there is no doubt some of these premiums, for some individuals and small groups will fall. melissa: like who? who will get the benefit? as i read through all this, all i see is the numbers you're seeing on the screen right there, more premiums go up. who will do better? only people with preexisting conditions? >> for example, if i had a four-person bakery and all of us over 60 years of old, just the four of uu we could see a premium decrease today, i'm sorry in 2014 over today. but if you were to use that same pam compels to a younger- examples to younger workforce they will see an increase, no doubt about it. the community rating rules have changed basically from fiveo one, to three to one. which, --. melissa: hang on. what i think you're saying, tell me if you're wrong, part of obamacare was if you are older you would experience higher premiums. we're not going to discriminate against you. you get to have lower premiums if
is change the trajectory of the debt. stuart: hold on a second, i've really got to zero in on entitlements and that would be medicare, social security, medicaid as i understand it. yet, you've got to zero in, what would you do for serious reform to get a handle on our real debt? >> well, i think one of the most important things we can do is look at these programs and figure out how we can administer them in a more smarter way. i mean, if there's anything he we know in washington, is that government can operate in a smarter way. stuart: senator, i'm fairbly story to interfere with you, to interrupt, i've been hearing eradicating waste and fraud in government for the 40 years i've lived in america, specifically-- >> well, it's not-- >> would you raise the retirement age? >> that's something we should talk about and we have. i've only been here 20 years and we've done it twice during that time. stuart: raising it again has been rejected by your former colleagues, the democrats in the senate. >> the point is that everything should be be on the table. if we're looking to try to transform again
Search Results 0 to 49 of about 383 (some duplicates have been removed)